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Noble Corporation NE Floaters — Operating revenues

Other product segments

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$122M-12.2%

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Other financials

Income statement

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Revenue$785.7M-10.2%
Operating income$30.5M-77.5%
Net income-$36.7M-186%
EPS (diluted)-$0.23-185%

Balance sheet

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Cash & equivalents$456.2M+32.1%
Total debt$1.9B-4.5%
Total equity$4.5B-3.1%
Total assets$7.2B-5.6%

Cash flow

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Operating cash flow$144.2M-33.4%
CapEx$204.5M+75.4%
Free cash flow-$60.4M-161%

Valuation

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Market cap$6.37B+46.0%
Enterprise value$7.8B+30.2%
P/E42.6×+28.5×

Profitability

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Operating margin14.2%-6.6pp
Net margin7.2%-6.8pp
FCF margin13.9%+5.4pp

Returns & leverage

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Return on equity3.3%-3.9pp
Debt / equity0.4×0.0×
Current ratio1.9×+0.1×

Where this comes from

Reported directly by Noble Corporation in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Noble Corporation’s 10-Q, filed April 27, 2026.

Filed
Apr 27, 2026, 12:14 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001895262-26-000111
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Floaters$620,557$693,451
Jackups121,996138,977
Total$742,553$832,428

Item 1. Financial Statements

FAQ

What is Noble Corporation's floaters — operating revenues?
Noble Corporation (NE) reported floaters — operating revenues of $620.56M in Q1 2026.
How has Noble Corporation's floaters — operating revenues changed year-over-year?
Noble Corporation's floaters — operating revenues decreased by 10.5% year-over-year, from $693.45M to $620.56M.
What is the long-term trend for Noble Corporation's floaters — operating revenues?
Over 3 years (2022 to 2025), Noble Corporation's floaters — operating revenues has grown at a 37.0% compound annual growth rate (CAGR), from $997.82M to $2.57B.
What does floaters — operating revenues mean?
This metric represents the total revenue generated from contract drilling services provided by the company's fleet of floating offshore drilling units. It reflects the demand for high-specification deepwater drilling assets and the company's ability to secure and execute service contracts within this specific segment. Growth in this metric indicates successful fleet utilization and favorable day-rate pricing in the offshore energy market.

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